EHang (NASDAQ:EH) updated its FY 2021 earnings guidance on Tuesday. The company provided earnings per share guidance of – for the period. The company issued revenue guidance of $19.92 million-$27.59 million.
EH has been the topic of several recent research reports. Zacks Investment Research lowered EHang from a buy rating to a hold rating in a research report on Tuesday, April 20th. Morgan Stanley restated an equal weight rating and issued a $33.00 price objective (up from $24.00) on shares of EHang in a report on Tuesday, April 20th.
EHang stock traded up $0.87 during midday trading on Tuesday, hitting $24.06. The stock had a trading volume of 58,052 shares, compared to its average volume of 4,446,657. The firm’s fifty day moving average is $34.47 and its two-hundred day moving average is $35.25. The company has a market capitalization of $1.32 billion and a PE ratio of -150.38. EHang has a 52-week low of $7.59 and a 52-week high of $129.80.
EHang Company Profile
EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, Europe, North America, West Asia, and internationally. It designs, develops, manufactures, sells, and operates AAVs, as well as their supporting systems and infrastructure for a range of industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions.
Featured Story: Learning About the VIX – Volatility Index
Receive News & Ratings for EHang Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EHang and related companies with MarketBeat.com's FREE daily email newsletter.